Question

Arun bought a car for Rs3,50,000.The next year,the price went upto Rs3,70,000.What was the percentage of price increase

Answer 1

Increase in price = ₹3,70,000- ₹3,50,000=₹20,000

Increase percent = (Increase in price ×100)/Real price

= 20,000×100/350000

=200/35

= 40/7

= 5.6

Answer 2

Answer:

5.7%

Step-by-step explanation:

350000---->370000(Price increasing)

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100 x(let x)

Do cross multiply to find for 370000 from 350000

370000×100/350000 × x(ex)

37000000/350000 = x(ex)

105.7%

So percentage increase from 100 to 105.7%

So answer 5.7%

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